Bitcoin Forum
May 02, 2024, 02:06:52 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do people follow Elon Musk? on: March 11, 2021, 01:22:33 PM
People follow him because people have certain indoctrinated beliefs.

I guess I will follow him when he mentions IPFS (IPFS was sort of built for Mars  Grin )
Now my belief is that he will never talk about IPFS Cheesy , thus I'll never follow him because I can't take him seriously.

DogeCoin will die, that for sure.
2  Bitcoin / Bitcoin Discussion / Re: the power of HOLD and believe on: February 22, 2021, 09:03:09 AM
Quote from: 3meek on February 22, 2021, 08:31:14 AM
Quote from: bakasabo on February 22, 2021, 07:41:22 AM
Quote from: josgandosbro on February 22, 2021, 05:36:48 AM
This right time to buy and hold the bitcoin for the future growth. It any time to hold the Bitcoin price. So befor buy and sell the bitcoin check the market price every time. Then easy to buy and sell the Bitcoin on time. Bitcoin price is good future coin. So hold and buy wait for the price increase. Bitcoin prices is day by day increasing. Bitcoin is connected the people for the sharing the information.

I think there is no right or wrong time to buy bitcoin. Looking on its historical price graph, I see that everything happens like a stretched spiral. First the price goes down, then it goes back, later it increases. In my opinion, with bitcoin and holding it is always a win situation. All you need to do is to learn how to manage stress when the price goes down and do not rush selling you holdings.

Or you can learn to understand market cycles in order to sell when bitcoin is expensive and buy when everyone is in a panic! It is enough to make several market deals a year to increase the amount of bitcoins in your wallet!
A rule is true until it isn't Cheesy
Sure it can go back like dictated by the cycle theory, it could also go to 40k then to 100k and stay there for over 6 years, no one knows.
3  Bitcoin / Development & Technical Discussion / Re: One Trillion dollars maektcap: How does it escalate technical challenges? on: February 22, 2021, 05:03:02 AM
Quote from: bitmover on February 20, 2021, 10:13:37 PM
I think I understand your fear. Someone may sploit a bug, or something may just go wrong and billions of dollars are lost forever, and it is a protocol fault?

There was one bug in the bitcoin codebase once which was very critical but not exploited before it got patched. Infrastructure bugs are always scary.
Plus humans are pretty stupid (coders) etc. .
Best is to hope that humans don't commit code with scary bugs or that the bugs aren't discovered and exploited in time before they got patched.
4  Bitcoin / Bitcoin Discussion / Re: the power of HOLD and believe on: February 22, 2021, 03:57:08 AM
History as we speak, congrats to bitcoin for making it this far and not loosing most value due to bugs and network issues etc.

I can't really say much more than this, happy to be here I guess  Grin
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!